Lecture 02: Externalities in Theory

MIT 14.41, Public Finance and Public Policy, Fall 2024 Instructor: Prof. Jonathan Gruber View the complete course: https://ocw.mit.edu/courses/14-41-public-finance-and-public-policy-fall-2024/ YouTube Playlist: https://www.youtube.com/playlist?list=PLUl4u3cNGP62KS2YhlASvGBxxL8HgB11p In this lecture, Prof. Gruber divides the discussion about externalities into three sections: externalities on public goods; social insurance; and taxation. License: Creative Commons BY-NC-SA More information at https://ocw.mit.edu/terms More courses at https://ocw.mit.edu Support OCW at http://ow.ly/a1If50zVRlQ We encourage constructive comments and discussion on OCW’s YouTube and other social media channels. Personal attacks, hate speech, trolling, and inappropriate comments are not allowed and may be removed. More details at https://ocw.mit.edu/comments.